FAR Limited Reports Monumental Profit Growth

FAR Ltd (AU:FAR) has released an update.

FAR Limited has reported a staggering 1515.3% increase in profit after tax, amounting to $40,825,556 for the half-year ended June 30, 2024, compared to a loss in the previous year. The company’s net tangible assets per share also saw a significant rise to 47.19 cents from 3.21 cents. Despite this financial turnaround, the company did not pay, recommend, or declare any dividends during the period.

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